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92-03 v RESOLUTION 92- 3 A RESOLUTION OF THE CITY OF ATLANTIC BEACH PROVIDING FOR ANNUAL REVIEW OF WATER AND SEWER RATES, PROVIDING AN EFFECTIVE DATE. WHEREAS, the City Commission passed Ordinance No. 80-91-45 on December 16, 1991, which created new water and sewer rates charged to residents residing within the City and customers outside the City, and WHEREAS, the City Commission desires that said water and sewer rates be reviewed annually, or as directed by the City Commission, in order to provide sufficient revenue for the operation of the water and sewer plants as well as to provide the most cost effective rates to the customers serviced by the City of Atlantic Beach, NOW THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF ATLANTIC BEACH AS FOLLOWS: Section 1. The water and sewer rates and charges established by Ordinance No. 80-91-45 shall be reviewed annually, or as directed by the City Commission, and any change of rates or charges shall be established by ordinance of the City Commission after due public notification. Section 2 . Any changes in the sewer and water rates and charges shall be made to provide sufficient revenue for the operation of the sewer and water plants, and to provide the most cost effective rates for all customers of the City. Section 3 . This Resolution shall take effect immediately upon its final passage and adoption. PASSED by the City Commission of Atlantic Be- - , lorida this 27th day of January, 1992 . ATTEST: MAUREEN KING ILLIAM GULL FORD 11 City Clerk Mayor, Presiding Of Approved as tc form and correctness: Yee/ Ai•:�` C. JE ty Atto ey